Skip to main content

About your Search

20130801
20130831
STATION
CNBC 21
LANGUAGE
English 21
Search Results 0 to 20 of about 21
CNBC
Aug 6, 2013 9:00am EDT
. >>> meanwhile, a stunner the world of media, washington post selling the newspaper publishing businesses including amazon to jeff bezos, and julia boorstin has more on that blockbuster deal. >> this news took everyone including editors and writer at the post by surprise. the washington post's company whose name will change saw the stock rise with caplan tech being sold and now what the billionaire icon plans to do with the newspaper. jeff bezos stressed what a newspaper plays in a free society, and he says that the newspaper's duty remain s s to readers and not the owner. the charting of the map ahead is not going to be easy, and there is a need to invent, which means we will need to experiment. and after knowing each other for a decade, this came together in the conference last month. >> we met at a conference fa face-to-face twice. the second week in july. we spent an hour together, and he asked for time to study the numbers, and then we spent another two hour s together, an at the end he said he wanted to go ahead. >>> that is hardly the first billionaire to buy into publish i ing. th
CNBC
Aug 12, 2013 9:00am EDT
bezos. i just won't doubt this guy. >> we haven't talked about -- out in "the washington post." >> one of the most amazing stories in the world. articles about how they miss politico. "newsweek" going down. print is just a disaster. and "the washington post," the graham family, what are they now? >> they're kaplan. >> i just find that -- i think it was kind of sad. >> it was. although you can make an argument that it isn't much sounder at this point. mr. bezos getting his $25 billion personal net worth is in a better position to allow this company to do what it potentially needs to do. >> right, these are vanity acquisitions. "the washington post" becomes like a university. and jeff gave a lot of money to the university. kind of endowing "the washington post." >> does it make you in any way, shape or form think about amazon in a different way? people talk about money managers who buy sports teams, should we be thinking about founder ceos who buy newspapers? >> interesting point. i have a company ecom on tonight. what you have is that guy is really doing amazing things underneath an ama
CNBC
Aug 30, 2013 9:00am EDT
in mind how much damage the economy has absorbed from washington this year. we started off with big tax increases. then we went right into sequestration budget cuts. the third quarter, you know, hour's work i believe is coming down because employers are adjusting hours work to avoid obamacare, that 30-hour thresho threshold. off had something pretty big coming out of washington that has impeded economic growth. as we move into the fourth quarter you're finally kind of unshackling the private sector from what washington has been doing to it. i think that's where you see the acceleration. >> curious, as well. you're talking effectively about a policy that's coming out of washington, obamacare, et cetera, that could be having an impact. i don't know if people are focused enough on how much of a fiscal drag there is out there. if you were to take that out of the picture, the growth that we've seen so far might look a little bit better. unfortunately it doesn't look like there's going to be any end in sight for that. doesn't that argue, again, for a little bit more caution here among investo
CNBC
Aug 9, 2013 9:00am EDT
at post flin, michael, senior editor at yahoo! finance and financial reporter at the "washington post." guys, good morning to both of you. >> good morning. >> markets leaning red this morning after avoiding the first four-day losing streak of the year. we have at least six ipos on the docket. may be seven. we'll find out more in a few minutes. watch bonds today. investors pulled $4 billion from treasury funds in the weekended wednesday. you're going to hear more great rotation talk today. road map begins with blackberry open to the idea of going private. >>> also, priceline beating expectations and the shares approaching new highs, not seen since the dotcom era. >>> it's shark week on wall street as our our guest likes to say. >>> hedge funder bill ackman pushes jcpenney to push up its search for a ceo. >>> published reports say the smartphone maker is warming up to the possibility of going private. the company's board are said to be increasingly coming around to the idea. no deal is imminent and blackberry has apparently not launched any kind of sale process. interesting though, guys
CNBC
Aug 28, 2013 9:00am EDT
near the $6 billion, and this is washington mutual and bear stearns that created many of the securities of course bought under duress by in some ways by jpmorgan, but, hey, if the lawyers didn't figure out a which to get them insulated from the future litigation as a result of the mortgage insecurities, too bad. >> you are reaching ba and they are at the tail end and none of these are new. that is important, none of these are new. the company has been telling people, look out, a stage that there were going to be more shoes to fall, and the shoes to fall now, and it is like the saks fifth avenue shoe floor and how many can fall? e m emelda marcos for sure. >> and well, i have some consumer practices, and the energy markets and the london whale -- you have got -- you know, foreign corrupt practices stuff, and who knowsk because that sounds ridiculous with the hiring thing, one from theless, it is going on. is it jamie dimon, and is somebody very angry with him? >> well, when you speak to the bank offline, they say it is their time. their time. it was bank of america's time before and now
CNBC
Aug 16, 2013 9:00am EDT
of next year for the s&p. >> wow. >> in the peen timeantime, guys the middle of washington. have a great weekend. >> have a great weed. >> thank you. >>> still ahead, the man behind netflix' hit "house of cards" will tell us how netflix got their hands on the series. >>> plus, the pittsburgh pirates are in a running for the playoff spot with one of the best records in the league. the team's owner joins us live in a few minutes to tell us how they have done that. and we'll talk newspaper business, as well. [ male announcer ] come to the lexus golden opportunity sales event and choose from one of five lexus hybrids that's right for you, including the lexus es and ct hybrids. ♪ this is the pursuit of perfection. ♪ this man is about to be the millionth customer. would you mind if i go ahead of you? instead we had someone go ahead of him and win fifty thousand dollars. congratulations you are our one millionth customer. nobody likes to miss out. that's why ally treats all their customers the same. whether you're the first or the millionth. if your bank doesn't think you're special anymore
CNBC
Aug 29, 2013 9:00am EDT
hope that's not the case this time. but you still got washington. you're still going to come back and they're going to be at war with each other. you and i are going to say, boehn boehner, that was a terrible discussion. lew came back and he didn't have anything to say. i guess our taxes will come up. that's the environment i come to work with, with rates going higher meaning we're going to be worried about housing. it's a shunken universe of what i can buy. >> you keep talking about the idea of this list of goodwiners is getting -- the island is getting smaller. >> i look back and try to circle back to all the big winners and who i feel comfortable. tjx, why? apparel. everybody else is bad so they dump the apparel on them. we're not seeing a huge group of stocks that make you want to buy them with gasoline going toward four, with the psyche getting a little bit worse. but that said, there is a bit underneath here. yesterday's action was not -- was a little constructive. when i go to the chart and i find sometimes, i don't mind saying it, i go to chartus. kind of negative because
CNBC
Aug 7, 2013 9:00am EDT
.com. >>> welcome back. i'm in washington where president barack obama has now canceled plans to meet with russian president vladimir putin in september in moscow. the president saying that he is going to continue his plans to go to the g-20 summit in september but he will not meet with vladimir putin. the white house issuing a statement saying this is due to a whole long list of factors, but they also say russia's disappointing the situation to grant edward snowden temporary asylum was also a factor that we considered in assessing our current state of bilateral relationship. this is a rare diplomatic snub here from the united states to russia and underscores the ang their washington feels over this question of edward snowden and the fact that he's been given temporary asylum in russia. russia says they're going to allow snowden to stay for a year. what happens to him after that is up in the air very much right now, carl. we'll have to see how that relationship goes. from now, it goes from bad to worse. >> thank you so much. >>> morgan stanley today raising the price target on facebook to $45 a sh
CNBC
Aug 27, 2013 9:00am EDT
for some sort of military strike on syria after word from washington that there is evidence that chemical w weapons were used on civilians. this is impacting not only oil, but the metals markets as well. we are watching the gold and the mome momentum continues. we broke out above the 1,400 mark and a key psychological level and the traders are saying that the next stop is easily 1425 and gold is up 20% as it hit the multi-year low on june 28th at 1179. quick check on the oil, and we are watching wti prices and up nearly $3 which is the highest levels we have seen wti in nearly five weeks and the best performing commodity on the day. watching brent prices as well and the concerns for the commodities is that a strike on syria could potentially disrupt supply in the middle east, and the u.s. military is ready to go if president obama is ready to take action and of course, we are watching the prices carefully, carl. back to you. >> thank you, jackie for that. >>> a new study finds potential link between earthquakes and fracki fracking. there is a study by the "earth and planetary letters" says
CNBC
Aug 15, 2013 9:00am EDT
change. washington, this is what happened when you try to balance a budget. try and balance a budget? take the gdp out. that's what we're all -- >> trying to balance. >> trying to balance. >> you -- trying to do it in an ass backward way. am i allowed to say that? >> no. >> sorry. >> i'm going to -- >> at the half? that's a halftime language. >> listen, it's cable with a ticker. i've said that kind of stuff before. >> mike you up like we did like ray lewis in the baltimore days? we mike him up. you know how he talks? >> all right. >> sorry. >> in the end, in the end, the market comes down because of the reset. but cisco trades at 12 times earnings now. you think that that is not a better company than intel, mr. pc, microsoft, another pc company, oracle which is a company being v-- but john chambers takes it down. what do you want us to do, sell it and short it? >> ask this though. how the k. the bed get out of the way in my regard when there are real questions about what is happening in the company? simple he can't. four lows, rising rates, health insurance premium, gasoline. if you'
CNBC
Aug 22, 2013 9:00am EDT
but it will be a question that you will ask. "washington post" story that got some pick-up yesterday on what incomes have done in four years. this is not government data but it's done by some guys who have worked on that kind of stuff. >> this goes back to the debate now about the effectiveness of quantitative easing and monetary policy of what the fed's doing, et cetera. people are going to look at this and say, wait a minute, four years out from the end of the recession, not the beginning of it. incomes are still falling for the typical american family. this isn't just a debate about what happened during the financial crisis and response afterwards because while incomes are down 4% from 2009 levels, for the typical american family they're down 7% from 2,000 levels. this is an extremely long term trend trim that people aren't finding a heck of a lot of ways to explain. >> people are like american industries. the revenues keep going down so they keep kiting and cutting and cutting. saw some refinanced fingers last night. that is going away. all the companies refinanced. we need revenue growth for individ
CNBC
Aug 26, 2013 9:00am EDT
by the syrian government. john harwood has the latest out of washington today. >> the latest this morning is that u.n. weapons inspectors have returned to their hotel in damascus having inspected the site of the suspected chemical weapons attack last week, and now that is limited utility because of the way that evidence degrades the inspectors were not supposed to try to assign responsibility for who launched the chemical weapons but increasingly there is a sense both in washington and abroad that the question is not if we strike syria militarily, but when. >> the response is imminent. i talked last evening with the situation room, and i think obviously we're building support with nato allies and our assets are in place, and i don't think there is any question in our administration's mind that chemical warfare has been used. >> now, two questions remaining about exactly how this gets rolled out. one is what is the legal justification given russia's objection to action by the sanction of the united nations. that is not likely to be where the united states gets legal justification. may look
CNBC
Aug 14, 2013 9:00am EDT
been effected by this tragic accident. we will be launching here from the washington airport iport ina matter of minutes. in addition to our go team, we have an investigator from atlanta who should be arriving on scene any minute now. we will be arriving before noon birmingham time. the ntsb investigation will be led by an investigator in charge, dr. dan bauer and he will be acompany anied by experts in structures, power plants, systems, air traffic control, human performance, aircraft performance, and a number of other disciplines. also accompanying the go team -- also accompanying the go team will be representatives from the ntsb's office of transportation disaster assistance who will be assisting with those family-related matters. for the latest information on our investigation, we would encourage you to follow us on twitter, and our twitter handle is@ntsb and follow us on our website at www.ntsb.gov. we do want to hurry and get out to the airplane so that we can get down to birmingham, get our boots on the ground. before i go i will answer three questions. first question? >> how is
CNBC
Aug 23, 2013 9:00am EDT
it's any of the exchanges that have gone public. >> what if in washington they said, you know what? we don't like this market structure, we're not convinced about. what we're going to do is make the nyse a public utility and all u.s. listed stocks will trade through here. >> essentially that's what it was. it was a public utility prior to the structure we have today. it was a human-based public utility so we know where that went. what we're talking about is the way the u.s. market is structured today. >> kenny -- >> so i agree. the other thing i think is that marketplaces should not be -- dark pools should not be owned by banks because there's an inherent conflict of interest. >> simon? >> kenny, you are head of floor trading on the nyse. of course, you're going to be opposed to what is happening here in electronic trade in the nasdaq. electronic trade has given most people huge advantages they never had before. just ordinary people -- >> whoa! wait, wait, wait. >> let me speak. this is a free market solution that you see before you. the question is, is there the outrage across the
CNBC
Aug 5, 2013 9:00am EDT
or the middle east. that seems to be the best educated guess about this. >> pete williams in washington, thanks for the guidance on that. good to see you. >> okay. when we come back, time warner cable/cbs shut down showdown heats up. two well-known publications sold. eye opening comments from cablevision's dolan. one more look at futures starting off with flattish action. more to come. earnings, econ data. live from post nine when we return. [ male announcer ] come to the lexus golden opportunity sales event and choose from one of five lexus hybrids that's right for you, including the lexus es and ct hybrids. ♪ this is the pursuit of perfection. a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price -- maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. now get 200 free trades whou open an acc
CNBC
Aug 8, 2013 9:00am EDT
bought up washington mutual and bear stearns there were risks involved and coming home to roost. revealing in an s.e.c. file that it is the target of parallel civil and criminal investigations being conducted by the u.s. attorney's office for the eastern district of california. that probe relating to its mortgage-backed offerings. leading up to the financial crisis. the bank disclosing in its quarterly tenq filing that it received notice in may of this year and that the california eastern district's civil division had come to a preliminary conclusion that jpmorgan had, quote, violated certain federal securities laws in connection with the subprooim and alt-a residential mbs offerings during 2005 to 2007. now, sources familiar with the investigation says that these preliminary conclusions, while they could result in charges, they won't necessarily. during the most recent conference call jamie dimon told investors the 600 million in legal costs during the quarter had, quote, come from a variety of things, without disclose that california probe that they talked about in may. in the
CNBC
Aug 19, 2013 9:00am EDT
" top spot making $25 million. >>> president obama in washington after a vacation at martha's vineyard. he's got his work cut out for him. egypt, regulation and funding the government. john harwood joins us with the latest. what's top priority? >> top priority for the president that is meeting with financial regular laters. he returned from martha's vineyard to a vacation buffeted by the conflict in egypt and other things that are pressing on a national security basis, more revelations about the nsa as well. he's got a very economic, heavy agenda as he comes to back to washington. congress is still out. he meets with the whole array across the government of regulators about trying to keep pace with implementation of dodd/frank, only 40% of the regulations are done. volcker rule is most important, trying to get that done by the end of the year. the president has also got speeches in upstate new york to press his agenda for a middle out economy. that is not likely to go too far with republicans but he's trying to soften up the ground for the fiscal debates this fall. the president has th
CNBC
Aug 20, 2013 9:00am EDT
let you go, sir. can i ask you about the lead article in the washington post business section today which talking abs at the looming national strike on august 29th, for those working in fast food and some working in retail, and macy's, and dollar tree and sears is mentioned as they push for the right to have a labor union and to push the wages high higher. i mean they are talking about $15/hour here, and that is what some would like. how do you feel about that? are you in support of obama's request to congress to move the national minimum wage or the federal minimum wage from $7.25 to $9? >> well, the most important thing we can do right now is to create all jobs and that helphe everybody. we want to create jobs and we have been in that since the recession starting to recover and we are partnering with wa walmart, and dozens of ceos and governors and so creating jobs is critical, but the question is what is the right way to do it? is the right way to do it by choosing between hiring fewer people at higher wages or greater number of peoples at competitive wages that the marketplace w
CNBC
Aug 21, 2013 9:00am EDT
don't know. if he's a big nfl fan, literally -- remember, buying the "washington post." this cac panlg really put directv on the map. this is the story to follow. we need to have the nfl on the show. we need them to call in right now. this is remarkable if they would be willing to do this because it would undercut everybody. >> making the call. there you go. >> it would be huge. is this the beginning of when google will charge? you've got to charge for that product to monetize it. >> now you're getting into a different discussion because i was saying i believe at one point facebook will begin to charge, right? maybe google now -- >> might not be so crazy. >> google will start to charge for certain applications? >> people will pay for it. know that they will pay for football. we know that because the nfl has unbelievable statistics about ho whaches, how many people watch. women watch. more women watch than men watch the super bowl. this is a remarkable moment. google moves in. this is going to change our perception of google. i would buy google up to 1,000 if it paid anything reasonable
CNBC
Aug 1, 2013 9:00am EDT
about 6.5%. so d.c. by itself is the weakest market because it's our home. we are very big in washington, d.c. we have over 100 hotels in this city. and the average numbers at those hotels are negative in the second quarter. why? because of contracting government obviously. the sequester, but even beyond the sequester it's about government demand being relatively week. urban d.c. is better than suburban d.c., but d.c. is weak. the other thing that's happening is group. what we've seen is short-term group is the weakest segment in our hotels across the united states. what's really strong is the individual business tra and the leisure traveler. they're up 7%, 8%, 9% depending on the markets. what we see is that the individual business traveler is back on the road, seeing their customers, meeting with each other, doing the things they need to do in order to move business along. families are back taking vacation together. they're going to the places where they want to go. but this near-term group where it's discretionary, there's a little bit of relative softness there. government is a piece
CNBC
Aug 13, 2013 9:00am EDT
a "washington post" a business? >> well, everything is a business and i have the yamaha and i would pay up. >> well, the stock is down? because perhaps hopes that he would come back and talking about a $500 million company. >> it was shocking to people, and carl quintanilla did an amazing interview with him at the alpha conference, and paulson is talk about the ginnette and when they buy things. >> yes. >> and ub likes ra s ravion and steinway and roll over beethoven. >> yes, indeed. "roll over beethoven." and now over to a guy who can sing a tune or two himself, bob pisani on the floor. >> well, jimmy, you are seeing what is moving the markets today, coal stocks are up again and the fourth or the fifth day in a row. we have seen the material names move up and steel stocks, and emergency stocks are moving up, and all of it on the better china news that we have had over the last several days, and the coal group is up almost 10%, and the steel stocks up 10% last ed the last five or six trading sessions. the global markets are all up and that is on hopes of improving economic data and not jus
Search Results 0 to 20 of about 21